FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
JPMorgan lowered the firm’s price target on UPS (UPS) to $120 from $135 and keeps a Neutral rating on the shares post the Q4 report. The ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also ...
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel ...
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
Residents in Allegany County and surrounding areas continue to voice their frustrations over FedEx delivery issues, with ...
Memphis' hometown PGA Tour event, the FedEx St. Jude Championship, is launching a fund designed to aid nonprofit ...